Yes in an hour or two I suspect
Edit: Yes just looked up NMS, its only 20,000 |
Jbravo I assume your 150k buy will be printed a bit delayed as it was just moments before market close. |
They gave me a token
Far from what i wanted
The 129k was not mine either ..
No real seller here.
Tomorrow’s another day ! |
lol.
Didn’t realise the time, as I got a day off. |
:D
Its gone 4.30 |
I can’t get a fixed quote for 1k shares now. |
OK, 5p disappeared very quickly so took that 150k @ 5.06
May prove premature so only a dip of the toe
:D
Edit: Oh I see they haven't printed mine yet |
Washing machine, did you get your purchase, and if so how many shares and what price, if you don't mind me asking? |
Indeed it is! Interesting! |
I think it must be changing by the second jbravo. With I.I. I can now sell 300k at 4.8p, but only buy 50k at 5p. |
It suggests that perhaps that the guessed time limit of EoY maybe optimistic.
Or of course they really are near the end of the selling. (I don't actually believe that, but acknowledge it is possible)
I shall wait to buy... convinced much cheaper is going to be available |
I was out in the last hour and whilst it's true the bid has firmed slightly (an extra MM prepared to quote over 50k over 4.5p, it's also true the ask has softened. Can now get a quote for over 300k shares available at 5p exactly.
The spread narrowed from both directions. |
Should have been filled by now. Unless it's several million :-) |
So what's your interpretation jbravo? |
Selling "at any price"?
I don't think so, not yet anyway, look at the chart. Its a slow deliberate decline of the offer. |
Who knows Cabi. As I said, in the past I know that brokers have taken big blocks of shares onto their books at a 70-75% discount. If they believe that they can shift most of them at a 100-200% profit (far more than a typical 1-2-5% spread!), then even if they have to sell the last lot at breakeven or even a small loss, they're quids in.I don't know if that's what's happened here, I hasten to add.NAI etc |
I think the term that was used is "verified users" which conveys a sense of them being the real thing i.e. hey really are using elevat.io and are no just a list of names who were registered |
Cyberbub.
I don’t think there’s much left to clear out.
I’m pretty sure Miton have just wound down one of their funds which had about 4m BIRD in it.
I don’t believe they would close there whole position, and they would never attempt to shift that in the market, and MM wouldn’t take much BIRD on their books, as they could never shift it either.
I recon they might want it all done by Friday, and that’s why we have dropped last few days, and happy to shift at any price.
Hopefully Washingmachine clears it all out, then we get a 100k user RNS, and the stock bounces. |
Good experiment Washingmachine! LOL
I assume you're going for 500k or more, fill or kill at 5p? That should flush out whether a big holding is being dumped "at any price"... |
We only need 10k paying customers across the world to break even. And we're not aiming for people editing their family Christmas videos, our target market easily have £20-30 a month to spend... *if* the product delivers what they need of course... |
I’ll educate
If it’s not filled by close
There is no real seller ! |
When you raise money and then tell the market it will be 2 years to wait and then when you launch and then tell the market that the launch is actually 12 months further down the line, the price is always going to be trashed.
There is no reason to hold or buy for most.
And so it has been proven.
Amateur hour. |
I’ve a buy order in ! |
Another failed pivot it seems . Whilst there may be a market for this kind of thing there will also be a lot of cheaper or free alternatives and so the market will shrink especially for paying customers . Personally I think it was doomed from the start and it's their last chance . |
Jbravo remember that despite volumes being generally low, Miton could still have shifted half or more of their holding since their last declaration in June, who knows? |
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